As it is seen from the graph, Gold's monthly return was nearly 3%, but for the last two months it gained much more than that increased the average to 4%, so it seems that it will slow down to move back to 3%.
What do you think?
As it is seen from the weekly chart we are approaching 89-90 band. Changing gold to silver time is getting closer. I hope it gives opportunity to sell gold and buy silver in the UK timezone.
As it is seen from the chart, down trend is squeezed in the triangle. If it can escape from the upper bound in a few days, our next target is 540 and then 600. Otherwise, we may see 450 :(
